China and Egypt issued a joint statement on deepening the comprehensive strategic partnership, satisfied with the results of the TEDA cooperation zone and other achievements.

On the afternoon of May 29, President Xi Jinping held talks at the Great Hall of the People in Beijing with Egyptian President Sisi, who came to China to attend the opening ceremony of the 10th Ministerial Conference of the China-Arab Cooperation Forum and paid a state visit. Before the talks, Xi Jinping held a welcoming ceremony for Sisi in the square outside the East Gate of the Great Hall of the people. Photo by Xinhua News Agency reporter Zhai Jianlan

the People's Republic of China and the Arab Republic of Egypt
Joint Statement on Deepening the Comprehensive Strategic Partnership
 

1. At the invitation of His Excellency Xi Jinping, President of the the People's Republic of China Republic of Egypt, His Excellency Abdelfattah Sisi, President of the Arab Republic of Egypt, paid a state visit to the People's Republic of China from May 28 to 31, 2024.

2, The two heads of state held formal talks on bilateral relations, promoting cooperation in various fields and strengthening coordination under the multilateral framework, and exchanged views on many international and regional issues of common concern.

3, The two heads of state appreciated the remarkable development and great leap forward in cooperation in various fields since the establishment of the comprehensive strategic partnership between China and Egypt in 2014, and stressed that the 10th anniversary of the establishment of the comprehensive strategic partnership between the two sides should be taken as an opportunity to enhance the level of bilateral relations through close high-level visits between the two governments, legislatures and local governments, so as to open up broader prospects for them, To serve the interests of the two countries and realize the expectations and vision of friendly people, towards the goal of building a community with a shared future in the new era, we will raise the level of bilateral relations and push the comprehensive strategic partnership between China and Egypt to a new level.

4.The two heads of state expressed satisfaction with the fruitful results of the comprehensive strategic partnership between the two sides, which will help promote the development and prosperity of the two countries.China has participated in the construction of a number of large-scale economic projects in Egypt in the fields of infrastructure, transportation, railways, shipbuilding, construction, investment, and space science, including participating in the construction of the new administrative capital central business district, the completion of the electrified railway for the 10th of Ramadan,Invest in China-Egypt TEDA Suez Economic and Trade Cooperation ZoneThe launch of the Egyptian satellite 2. In addition, the two sides strengthened financial cooperation, renewed the local currency swap agreement, and Egypt successfully issued panda bonds in China. To enhance coordination in the international economic arena, including Egypt's accession to the Asian Infrastructure Investment Bank and hosting the bank's 2023 annual meeting, its formal accession to the New Development Bank in 2023 and its becoming a member of the BRICS mechanism in 2024.

5. On the occasion of the 10th anniversary of the establishment of a comprehensive strategic partnership between China and Egypt, President Xi Jinping and President Sisi declared this year as the "China-Egypt Year of Partnership" and will host a series of diplomatic, economic and trade, investment, cultural and tourism activities to promote and Promote the development of bilateral relations in various fields.

The 6. Heads of State applauded the signing in January 2024 of the Outline for the Implementation of the Comprehensive Strategic Partnership between the People's Republic of China and the Arab Republic of Egypt (2024-2028), which builds on the practical results achieved in recent years and serves as a roadmap for developing bilateral relations and elevating them to a higher level. The two countries agreed to work hard to promote industrial localization and technology transfer, and make it a priority direction for China-Egypt cooperation in the next few years; they should also work to expand Chinese industrial investment in Egypt, including electric vehicle manufacturing, electronic equipment, solar panel manufacturing, and chemical Industry, construction materials, and modern agricultural technology; efforts should be made to promote more balanced bilateral trade, including allowing more high-quality Egyptian products to enter the Chinese market, provide convenience for Chinese production factors to enter Egypt to produce final products, explore trade settlement in the local currencies of the two countries, promote Chinese tourists to travel to Egypt, encourage China to carry out direct investment in Egypt in the field of hotel construction and management, and strengthen cooperation in news, culture, science, artificial intelligence and academic fields.

7. The two heads of state instructed the relevant departments of the two sides to hold technical talks to implement the consensus of the leaders of the two countries on promoting and strengthening bilateral relations, including promoting the convening of a meeting of the China-Egypt Intergovernmental Cooperation Committee as soon as possible.

8, The two sides appreciate supporting each other on issues related to each other's core issues. China and Egypt support each other in defending common principles and core interests and working together to address various global challenges, especially the new crown epidemic and its negative impact on developing countries.

9. The two heads of state emphasized that the two sides should firmly support each other's core interests, accommodate each other's concerns, and support each other's counter-terrorism efforts. China stresses that it will continue to support Egypt's legitimate right to safeguard national sovereignty and territorial integrity, oppose external forces interfering in its internal affairs in any name, support Egypt's legitimate right to safeguard its own security and stability in the face of challenges, and support Egypt's legitimate right to safeguard its own water security, food security and development interests. Egypt stresses that it will continue to firmly abide by the one-China principle and that Taiwan is an inalienable part of China, support China's position on issues involving its own sovereignty and territorial integrity, support the realization of China's reunification, and oppose external forces interfering in China's internal affairs.

The Chinese and 10. heads of state emphasized that the "Belt and Road" initiative should be connected with Egypt's "2030 Sustainable Development Vision" and jointly ensure the safe and smooth progress of relevant cooperation projects between the two countries. The Egyptian side appreciates the "Global Development Initiative" proposed by President Xi Jinping and believes that this is a global initiative that will help accelerate the realization of the sustainable development goals of the United Nations 2030 agenda. The Egyptian side appreciates the "Global Security Initiative" proposed by China and is willing to strengthen exchanges and discuss cooperation with China on maintaining and promoting world peace and security; the Egyptian side appreciates the "Global Civilization Initiative", because China and Egypt uphold the same principle, that is, respect for human culture and civilization on the basis of equality. The two ancient civilizations of China and Egypt have a long history and have made great contributions to the development of human history. In view of this, the Egyptian side supports China's proposal to establish an International Day for Dialogue among Civilizations in June each year. China appreciates Egypt's "decent life" initiative, which is a major development initiative aimed at improving the infrastructure and people's living standards in rural areas of Egypt, and emphasizes its support for this initiative and all Egyptian development efforts.

11. The two heads of state appreciated the fruitful cooperation between the two sides under the framework of the China-Arab Cooperation Forum, welcomed the results of the first China-Arab Summit held in Riyadh, and believed that the results of the summit, including the "eight joint actions" of China-Arab practical cooperation proposed by President Xi Jinping, should be jointly implemented. China welcomes Egypt's application to host the China-Arab Summit, and Egypt expresses its expectation for the success of the 10th Ministerial Conference of the China-Arab Cooperation Forum.

12. The two heads of state appreciated the cooperation and coordination between the two sides under the framework of the Forum on China-Africa Cooperation, and believed that the outcome of the eighth ministerial meeting of the Forum on China-Africa Cooperation should continue to be implemented, especially the "nine projects" announced by President Xi Jinping, and looked forward to the success of the new summit of the Forum on China-Africa Cooperation to be held in September 2024.

13, The two heads of state agreed that they should abide by the purposes and principles of the UN Charter, oppose double standards and unilateral acts, and strive to reform international institutions to make them more equitable, make developing countries more representative and more effective in dealing with global challenges. The two sides stressed that the international community should make joint efforts to deal with the hot spots and core issues that threaten global security and stability, achieve economic recovery, and solve the problems of food security, water shortage, climate change and desertification control. All countries should fulfill their responsibilities in the above-mentioned issues. The two sides stressed that China and Egypt will continue to work together to address the above-mentioned global challenges, strengthen cooperation and coordination in regional and international forums such as the BRICS mechanism and the Shanghai Cooperation Organization, and strive to enhance the role of emerging markets and developing countries in the international system.

14. President Sisi expressed his gratitude and appreciation to President Xi Jinping for his warm reception and hospitality, and invited President Xi Jinping to visit Egypt. President Xi Jinping accepted the invitation and expressed his willingness to visit Egypt at the earliest convenience of both sides.

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Source Xinhua News Agency